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Mar 26, 2020 @ 10:15

Vietnam mulls halt rice exportation amid COVID-19

Vietnam has stopped signing new rice export contracts as it assess its domestic supply amid rising cases of coronavirus disease 2019 (COVID-19).

A report in The Straits Times showed that Prime Minister Nguyen Xuan Phuc recently ordered Vietnam’s ministries of trade, finance and agriculture to take stock of rice supplies and submit a report on supplies and exports by Saturday.

“While waiting for the report from the working group, the signing of all new rice export contracts will be suspended, and those contracts that have already been signed will be dealt with after the report is available,” the government said in a statement.

Prior to this, the prime minister already vowed to protect food security during the Covid-19 outbreak, which already resulted to 1,500 suspected cases.

Philippines is one of the largest rice export markets of Vietnam.



 

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